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BCC research estimates that the global environmental sensor and monitoring business grows from $13.2 billion in 2014 to nearly $17.6 billion in 2019, at a compound annual growth rate (CAGR) of 5.9 percent.*

Embedded sensors of various types are used for everything from pollution monitoring to land management, supplementing or replacing on-site inspections. Energy agencies rely on these sensors for continuous environmental monitoring and automatic intervention. These technologies help agencies execute their missions, but also raise issues concerning the definition and resolution of violations in a real-time monitoring environment. Embedded sensors in “smart cities” enable continuous monitoring of weather conditions, air quality and home energy consumption.

Deloitte interactive: A sensor-enabled world

 

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* “Healthcare Analytics Market worth $21.3 Billion by 2020,” Marketsandmarkets, http://www.marketsandmarkets.com/PressReleases/healthcare-data-analytics.asp.